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2024-02-09 07:42
By DON FENLEY Tennessee’s economy is expected to take a hit this year. Most industries except health care are down or flat. However, new residents will help keep the outlook. Tennessee… Read More
2023-12-17 20:52
By DON FENLEY TRI-CITIES, TN – Condos barely held onto a sales upswing in November while prices continued falling from their September peak. According to the Northeast Tennessee Associ… Read More
2023-12-07 17:21
By DON FENLEY The downward arch of area home sales eased in November while prices declined for the second straight month. There were 600 closing in the Northeast Tennessee Association of Rea… Read More
2023-12-03 19:24
By DON FENLEY Once upon a time, cash sales accounted for half – or more – of the Tri-Cities area single-family existing home sales. Despite the “once upon a time” int… Read More
2023-11-22 13:52
By DON FENLEY TRI-CITIES, Tenn. – Homeowner equity has surged since the pandemic. During the third quarter, over half of the region’s mortgaged properties were equity rich. Befor… Read More
2023-11-08 11:30
The October NETAR Home Sales Reports, which details how deep-pocketed buyers are propping up the local housing market can be found at https://netar.us/high-end-buyers-propping-up-housing-mar… Read More
2023-10-22 08:48
By DON FENLEY TRI-CITIES, Tenn. – The typical profit on Tri-Cities area single-family existing home and condo sales is up $23,000 (10%) from the first three quarters of last year and t… Read More
2023-10-18 14:31
By DON FENLEY TRI-CITIES, Tenn.  – Rising mortgage rates and low inventory combined with seasonality to push pending home sales down 14 percent in September.  The effect will… Read More
2023-10-07 09:36
By DON FENLEY TRI-CITIES, Tenn. – Buyers, sellers, and investors want to know how long the current housing market logjam will last. Unfortunately, there’s no single simple a… Read More
2023-09-26 14:40
By DON FENLEY TRI-CITIES, Tenn. – Higher interest rates, inflation and renewed recession concerns weren’t enough to stop job creation in Northeast Tennessee in August. And despit… Read More
2023-09-18 09:50
The East Tennessee – Asheville regions saw a wave of new residents during and after the pandemic. The post Since the pandemic…………. appeared first on DON FEN… Read More
2023-09-16 10:55
By DON FENLEY TRI-CITIES, Tenn. – There are not nearly as many cash deals for single-family homes this year, and they lost market share for the third straight month in August. Instead… Read More
2023-08-30 17:56
By DON FENLEY TRI-CITIES, Tenn. – Add this information from the IRS and the Economic Innovation Group (EIG) to your file about the affect new residents are having on the Tri-Cities reg… Read More
2023-08-26 06:48
By DON FENLEY   TRI-CITIES, Tenn. – The housing market is in uncharted waters, and it’s throwing homebuyers for a loop. And the most recent top-down market analysis doesn&rs&hell…Read More
2023-08-22 20:05
By DON FENLEY TRI-CITIES, Tenn. – Local housing affordability deteriorated to new lows in June because of rising mortgage rates and the housing shortage. In the region’s mos… Read More
2023-08-12 15:48
By DON FENLEY TRI-CITIES, Tenn. – Despite growing affordability concerns, the local housing’s biggest challenge is inventory. The situation can be summed up in a simple, short se… Read More
2023-07-28 12:27
By DON FENLEY TRI-CITIES, Tenn. – Local home equity surges past national averages and owners are tapping some of the equity with more Home Equity Loans. Attom reports on the two market… Read More
2023-07-22 06:57
By DON FENLEY TRI-CITIES, Tenn. – June was an exception to a luxury home market that has softened so far this year. Thirteen $1 million plus home sales closed last month in the NE TN … Read More
2023-06-20 11:29
By DON FENLEY GRAY, TN – Pending sales took a breather last month after reaching a nine-month high in April. Sellers accepted 12 more contracts than the previous month and plateaued wi… Read More

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